Makes a series of amendments and adds new provisions of law to address business identity theft and deceptive solicitations sent to businesses and the unauthorized formation of entities.
Updates the state’s public accountancy act for consistency with the 9th edition of the Uniform Accountancy Act, as issued by NASBA and AICPA in July 2025.
Establishes requirements for capital, liquidity, and corporate governance including: audit, risk management, and board oversight, for nonbank mortgage servicers.
Requires any person in the business of selling, assigning or buying an equitable interest in real estate without taking legal title to such property, to be licensed as a real estate broker or salesperson and to comply with the disclosure requirements.
Restores law enforcement discretion, allowing officers to issue a verbal warning when appropriate or pursue misdemeanor or felony charges in more egregious cases where a child is left unattended in a motor vehicle.
Maddy summaryThis bill updates Rhode Island's business laws by replacing the existing Limited Liability Company Act with a newer model and adding requirements for professional limited liability partnerships to carry liability insurance or set aside segregated funds. The new insurance requirement applies to registered limited liability partnerships that perform professional services, mandating coverage based on the number of professional employees with a minimum of $100,000 and a maximum of $500,000, or alternatively allowing partnerships to deposit funds in trust or use bank letters of credit. The bill also includes provisions that prevent insurance details from being disclosed to juries if compliance is met, and it repeals the current Limited Liability Company Act to incorporate the updated definitions and regulations. These changes directly affect business owners, managers, and legal professionals who operate limited liability partnerships or companies in Rhode Island.
Maddy summaryThis bill amends Rhode Island law to rename drug court programs as recovery court, expanding eligibility to include non-violent offenses beyond just drug-related charges. The legislation creates a new position of drug recovery court magistrate within the superior court, who will preside over adult recovery court programs that combine court authority with therapeutic treatment plans for drug-addicted defendants. Key provisions include establishing a ten-year appointment term for magistrates, defining screening criteria for program admission, and granting magistrates the power to impose incarceration for violations of court conditions. The bill also clarifies that participants must sign contracts outlining program expectations and allows for appeals of magistrate orders to a superior court justice.
Maddy summaryThis bill officially names a specific bridge in Providence, Rhode Island, the George Nee Bridge. It directly affects the state's infrastructure by permanently assigning this name to bridge number 44-000000000007010, which carries U.S. Route 44 (Smith Street) over Interstate 95. The legislation amends existing state laws to establish this naming designation, which will take effect immediately upon the bill's passage.
Allows any member of a federally recognized Indian tribe located in Rhode Island to receive recreational freshwater and saltwater fishing licenses free of charge.
Extends provisions of an existing collective bargaining agreement for municipal police arbitration purposes until a successor agreement is reached or an interest arbitration award is rendered.
